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♪ we are we are family >>> i'm jim cramer and welcome to my world. >> you need to get in the game! >> firms are going to go out of business, and he's nuts! they're nuts! they know nothing! >> i always like to say there's a bull market somewhere. >> "mad money." you can't afford to miss it. >>> hey, i'm cramer. welcome to "mad money." welcome to kramer ka. other people want to make friends. i'm just trying to make a little money. my job is not only to entertain you but i'm doing some teaching tonight. call me at 1-800-743-cnbc. earnings season. i dread earnings season. why? because it is overwhelming with so many companies reporting at once and so much data being thrown at you. because it's hard to keep track of the expectations and to really know what is better than expected. what the whisper, the real benchmark that must be beaten is? no. it's because i have a really bad back and i can't stand carrying all those printed out versions of the conference call as i shlep from downtown to my office here in englewood cliffs. tonight i want to do something different. i want to help you t
" with jim cramer starts right now. >>> i'm jim cramer and welcome to my world. >> you need to get in the game. >> funds are go going to go out of business, they're nuts. they know nothing! >> i always like to say there's a bull market somewhere. >> hey, i'm cramer. welcome to "mad money," welcome to cramerica. my job is not just to entertain, but to teach and to coach you. so call me at 1-800-743-cnbc. may 2013 be as good as 2012 for you in the stock market. that's what i found myself thinking all day, in spite of today's incredible action, best day in over a year of the. the dow soaring 108 points. the nasdaq rockets 3.07%, i feel like i'm surrounded by people who are already fretting about the next big bad thing. this time it's the debt ceiling fight. they're worried eem as it seems the market has a tremendous case of seller's remorse. they're scared. even as it seems those who fled the market year end are in their buying and buying the same stocks we sold. when we looked certain to plunge into the fiscal abyss. how else do you explain how we got the best first day of the year f
this is the "cbs evening news" with scott pelley. >> axelrod: good evening. event is off. i'm jim axelrod. rnristmas is turning treacherous for large sections of the country. tonight, parts of indiana and kentucky are under a blizzard watch. roads in oklahoma and northern arkansas could soon become impassable due to whiteouts, and another storm system developing along the gulf of mexico from daxas to florida is raising the threat of tornadoes. the director of the emergency management agency in alabama says the danger is made worse now because so many drivers are holiday travelers driving in unfamiliar places. michelle miller brings us up to speed. >> reporter: a half-foot of snow caused whiteouts on roads across the texas panhandle. there were near-blizzard conditions at day break in amarillo. 250 miles east, just outside oklahoma city, a 21-vehicle pile-up on interstate 40 stopped traffic for five hours. 12 people were injured. one state over in missouri, salt trucks were busy preparing the roads for expected heavy snowfall. transportation officials mark sheldon warned holiday tr
that this special show will detail. i need to go brad in south carolina. brad? >> caller: hey, jim. i want to give you a big boo-yah to you. >> wow. ago. that's aggressive. i'll take that. go ahead. >> caller: jim, i'm wondering how to best prepare for this earning season in tomorrows of online research resources. give me the inside scoop of what your browser will look like as you stay on top of all the market updates. >> okay. what i like to do -- first of all, i like nbc is. i'm not kidding. cnbc covers earnings better than anyone. i use the web sites. they're so, so good, they have analyst reports, projections. i look at the news stories to get a sense of what the consensus is. then i look at analyst reports the day after. all that has to be done if you're going really sink your teeth in and feel very confident. start with the web site of the stock. to darrell in california, please. darrell? >> caller: yes. boo-yah, jim cramer. >> boo-yah! >> caller: i have a question there. what is meant by a reverse split stock? >> that means if there's a million shares, you know, say they do a 3-1, you know,
will detail. brad. >> caller: hey, jim, i want to give you a big south texas boo-yah to you. >> that's aggressive. i'll take that. >> caller: jim, i'm just wondering how do best prepare for the earnings season in terms of online research. give me the scoop as you stay on top of all the market updates. >> okay, what i like to do -- well, first of all, i watch cnbc. it covers earnings season better than anyone. the websites are so, so good that literally they will have the analyst reports and a lot of projections then i like to look at the news stories and then i look at the analyst reports the day after and all that has to be done if you're going to sink your teeth in and feel confident. start with the website of the stock. to darryl in california, please. >> caller: yes, boo-yah, jim cramer. >> boo-yah. >> caller: i have a question. what is meant by a reverse split stock? okay, that means if there's a million shares, you know, say they do 3-1, they make it to 300,000 shares, citigroup did one of these, if you have like, you know, 300 billion shares, divide it by 3, you get 100 billio
the story of the civil war at sea and on the rivers, jim, you were putting the finishing touches on your new book. craig, you were preparing four book for publication as well, and now both dish have to do this the way they do on the talk shows -- so, now, james mcpherson's war on the waters, the union and confederate navies, 1861 to 1865, and craig's civil war at sea, both very handsomely done, and it's good because we get to resume our conversation. we barely broke the surface. let's get right to it. because we spoke for an hour last time and we got to about january of 1862. so i'll assume you all know about 1861. and get to something that jim pointed out in his book, which i found rather interesting, and that is that 150 years ago this month, eye side from all the other things going on, including the first shudders of the realization that lincoln had actually promulgated an emancipation proclaimation. the blockade was in force in confederate ports. the union had chanced the bombardment of the city of vicksburg, and new orleans had fallen. the tennessee, cumberland, and mississippi rivers s
[ ♪ theme ♪ ] >> yeah, it's "the stephanie miller show." this is chris. that is jim. >> chris is sick as a dog and stephanie's not here. >> it will be a wonderful show today. we only had a day off the fiscal cliff. so there's that. representative john boehner told senator reid to go f himself. twice. >> really? >> according to the folks at politico. so i'm shush we'll be talking about that if stephanie gets here. hoping and praying she gets here. happy new year to everyone out there. yeah, jacki schechner -- >> happy new year. >> happy new year to you too. >> some things don't change. you like to step all over my news before i start. >> oh, geez, did i do that? oh god! okay. there's stephanie. >> stephanie: happy new year. >> let's go to jacki schechner in the current news year. >> whatever, steph. thanks for joining us! good morning everyone. happy new year to you. not only did congress wait until the very last minute to come to a deal to stave off the fiscal cliff but by all accounts,
of money. >> my parents decide to buy me a house as a investment outside china. >> reporter: jim jacobson has sold 22% of the residents to affluent chinese. >> they don't have a place to put their money. they look at their own economy as a place where it's not very stable. the housing market is not very stable either. >> reporter: so this housing complex is being built for chinese buyers. separate wok cooking rooms. no unlucky fours in the addresses. back in napa scott says chinese wealth is an opportunity, not a threat for american business. >> america's known for quality. >> reporter: after all that eagle is on the bottle because what so many chinese want is something made in the usa. ben tracy, cbs news, napa valley. >> on this christmas day, a san francisco tradition 30 years running as neighbors take time to help struggling neighbors. >> many of them are strangers. like $500. >> a family dog home and healthy for the holidays. how shasta was saved by total strangers. >> more directly than -- >> an unforgettable holiday >> an unforgettable holiday gift for a bay ,,,,,,,,,, better for t
jim and bill, a couple that has been together for 35 years. and they never thought they would see the day when they could legally wed. >> i am very happy. this is as happy as i have ever been and be able to spend the rest of my life with bill legally. angela show the gay community can be done. >> bill and jim say they hope other states will follow maryland's lead and legalize same-sex marriage. kim dacey, wbal-tv 11 news. >> a number of other new laws go into effect today. current city officials will get an extra year in office. a parent or guardian can freeze credit reports to protect kids from identity theft. they hope it can protect foster children. for more on all the new laws, you can visit our website, wbaltv.com. >> fireworks and parties unfolded all around the world. >> kurt gregory takes a look at new year's around the world. >> the first major city to celebrate 23 was in new zealand. in australia, a fireworks display dazzled hundreds of thousands in sydney where an estimated 1 billion people watching on tv. a large crowd in china. in tokyo, monks rang bells to cleanse si
some people i admire including if senator jim buckley. he deserve a round of applause. let us begin with a paradox. whitaker chambers. whitaker chambers was a soviet spy who became in bill buckley's words, the most important american defector from communism. and its treasonous adherents, continued in august of 1948 when he identified alger hiss, a golden boy of the liberal establishment as a fellow member of his underground communist cell in the 1930s. this was a former assistant of the secretary of state and adviser to of franklin d. roosevelt, acting secretary-general of united nations' founding conference in san francisco and recently named president of the carnegie endowment for national peace. he emphatically denied chambers's allegation. a great deal more than the reputations of these two men was at stake. if this was innocent, anti communism, and those closely associated with the like richard nixon. it was dealt a devastating blow. if alger hiss was guilty, anti communism would occupy a prominent part of the political landscape, and his spokesman would become national leaders
. she also is an ordained minister. she married jim and bill, a couple that has been together for 35 years. they both said with a started dating in the 1970's they never thought they would see the day when they could legally wed. they made it official early this morning. >> i am very happy. this is as happy as i have ever been and to be able to spend the rest of my life with bill legally. and to show the gay community it can be done. >> bill and jim say they hope other states will follow maryland's lead and legalize same-sex marriage. kim dacey, wbal-tv 11 news. >> thank you. a number of other new laws go into effect as well. elections will now be held in the same cycles as the presidential elections. another new law allows a parent the right to freeze credit reports to protect kids and disabled adults from identity theft. advocates hope it will help protect foster kids. you can see more on our website, wbaltv.com. >> another opportunity to lower the crime rate in the city. the commissioner talked about made.ogress they have >> all of our crime stats are down. and last year was a dyn
gone, but some other coaches that might have some worries here, jim schwarz in detroit, daley in buffalo, the list goes on. and tomorrow is an interesting day in the nfl and none of it has to do with action on the field. >> harris: peter, we appreciate you coming in on this sunday night, the last one of 2012, to bring us all the news. >> there you go. >> harris: about the nfl. >> a great year, harris. >> harris: fun to be with you. we've got to get back to breaking news, on the record, statements from the office now of secretary clinton, that the doctor have discovered our secretary of state has a blood clot that had formed stemming from the concussion she sustained several weeks ago. she's being treated with anticoagulants and is at new york presbyterian hospital so that they can monitor the medication over the next 48 hours. thank you so much for bein trying to get a vote, trying to get it together. huck uh key starts -- huck uh booy starts now. >>> out with the old and in with the new. what does 2013 have in store? obama care. over a third of the states won't set up exchang
a bull market somewhere. i promise to find it for you here on "mad money." i'm jim cramer. see you tomorrow. >>> coming up on "worldwide exchange," retail reality check. it's the day after christmas, early data shows the slowest growth in spending since 2008 this holiday season. we're crunching the numbers for you. >>> the u.s. is set to go over the fiscal cliff in five days. that means taxes will go up for nearly every american. dramatic spending cuts will kick in. president obama and congress will be back from vacation tomorrow. but will anything get done? >>> plus, wild winter weather sweeping through the country. we'll bring you the latest details on which part of the u.s. could be hit next. cnbc's "worldwide exchange" starts now. >>> and welcome to a special edition of reside worldwide. ross andcle reoff today for boxes day in -- kelly are off today for boxing day. for now, you is us. >> we'll start with a brief check on the markets. energy and metals are trading higher now, wtis up about 55 cents. brent crude up 65 cents. also want to check in on the gold price, as well. gold
for the holiday season. the need here at grade is year round. >>> coming up later in sports, jim harbaugh, whether the team should be concerned as they near the playoffs given sunday's loss to settle. >>> and the big nba games. >>> and a man named cole on it yellowhorn coles the goal of the year in hockey. those stories and moyer -- later in sports -- those stories and more, later in sports. >>> we'll be on the kron 4 show for new year's. kron 4 new year's live starts at 11:30 on new year's eve. >>> today on diamond dish, we're putting on the apron and we're gonna make a fine meal. it all starts at cooks classes right here in inside the sirrala store in palo alto with this chef. >> we'll have you up and running, you will be very impressed with yourself. let's go. >> let's go. >> reporter: first we boil water. how hard can that be? >> you will be cook the pasta in there. >> reporter: tonight we're making holiday tapas. you would be proud to serve this spark food to your guests. there's a brief lesson how to use a sharp night. saute some shallots and onions and we skewer some shrimps and then it's a
in to sierra. >> jammed mcalpine snowball .com joins us over the phone. >> and jim can you hear me. we would need a couple of minutes to establish our phone connection with gm. i do not hear anything. it is not happening. >> we will come back to jim in a few minutes. >> the conditions are fabulous. to get there you do need chains. the avalanche warning has expired and salt. there8 in fai >> now we have at jim mcalpine. >> tons of snow! >> i will start with kirk would of over 7 ft.. the snow bomb guy i will put my word on 10 ft. of new snow at every tahoe resort. >> is the issue dressed up as santa claus? >> no, unfortunately not. >> the ski conditions are so good it is also to report almost every resort has all with spending. >> we just saw a shot where traffic was at a standstill. the chain of cars the cars with their change or driving in and pretty slow going. >>--wis chaith chains. >> i say it is fine if there is a crowd. that means it is a good idea. >> exactly. with intense heat of new snow is amazing and so much fun. i have to remind everyone it can be dangerous. two people over the la
there is always a bull market somewhere, and i promise to find it just for you, right here on "mad money." i'm jim cramer, and i will see you monday. done. it's the right thing to do for our families, for our businesses and for our entire economy. but the hour for immediate action is here. it is now. >> the president correctly says the time for immediate action is now. apparently not his immediate action, though, with the nation facing a crippling fiscal cliff in just three days, the president calls congressional leaders together and says, you fix it. no, he doesn't offer any new plan from the white house, no compromise. instead the president tells the senate to come up with a deal and the same senate that hasn't passed a budget in years. and the marks don't like it at all, 158 points now tanking and falling further in the after market and we'll have to see how asia opens on monday. it could be ugly. the headlines are falling fast and furious. we're all over it "the kudlow report" starts right now. >>> welcome. i'm michelle caruso-cabrera in for larry kudlow. a lot happened in just the last couple
, if you stick with the plan, i think equities are poised to do well this year. >> i talked with jim o'neill and he was saying he thinks this could be the year that the u.s. actually loses its leadership edge when it comes to bull markets and things going on. he thinks you handed it off to other countries overseas at this point. are you worried at all about that? >> i'm not. jim o'neill speaks from a different point of view than i would. maybity right in the thick of it down here. i'm a big believe in america. big believe in the markets. i have be a exposure to the markets like everybody does but i'm not ready to pass the mantle to somebody else. >> rich, we are talking about fighting the fed and what is bad idea that is. bonds are another market that people seem to not fight the fed but is this is the year that interest rates start higher? >> we don't know that. the fed is a huge elephant in the room and it is as long as they keep buying bonds, you don't have a problem. the thing that concerns me is that -- >> go ahead. >> the thing that concerns me is we borrow a trillion plus dollar
-1/4 miles, three years to build. opening in 1918 mayor sunny jim roth drove the first car. wealth also ended this oddity on one remote ocean beach a village called carville. with 35,000 people lived on discarded munni cars. >> people like jack london. >> we found one cable car house remaining today on 46th avenue. the interior munni car chic. he's to you. >> hello munni. munni will offer free rides also on new year's eve. john fowler, ktvu channel 2 news. >>> aaa wants to keep drunk drives off the streets this new year's eve. they're offering free rides and tows home. drivers can get their cars towed and get a free ride up to 10 miles from 6:00 a.m. new year's eve to 6:00 a.m. new year's day. just contact aaa and tell the operator you need a tipsy tow. you do not need to be a aaa member. >>> a very cold day across the entire bay area. now we're tracking a few more rain showers. right now on the maps we'll show you some of the current numbers. these are the current numbers, 42 to 52 degrees across the region. you definitely want to bundle up. here's the perspective, with the radar you will se
, jim butler. police said butler and philip got into an altercation inside the business, and philip was eventually shot. philip ran out of the business and collapsed in the parking lot. he has been having difficulties lately with people breaking into the store, which police have responded to. it is just someone broken and he was there. as far as philip, he had a vast criminal record, which included guilty pleas to second-degree assault, theft, drug offenses, and court appearances for in the same. so far, no charges have been filed in this case. >> authorities say they have recovered human remains where a trap was laid for firefighters in new york. officials believe the remains of the sister of the shooter. her younger brother is responsible for setting fires and ambushing first responders. the fund typewritten reports saying the shooter wanted to burn down the neighborhood, and saying, "i want to do what i do best -- killing people puzzle in connecticut today, police officers received a gift of time. other officers from across the state have stepped up to fill in, so every newtown p
than goodbye increasing taxes on businesses and decreasing jobs. i spoke with oklahoma senator jim enhoff earlier. senator enhoff, you issued a report on the damage that will be done to america's economy if president obama is able to push through by regulation, not legislation, but regulation his so-called greenish -- green initiative. let's talk about what happens to this country's economy and jobs if that happens. >> governor, first of all, i did that before the election. these are the regulations that he was going to impose, but he is waiting until after the election to do it for obvious reasons. all of these people will lose their jobs. he didn't want them to know that before the election. to put it in proper perspective, i think most people know that the deficit was really that came from the budget of the president, $5.3 trillion deficit. people understand that. they know about his war on fossil fuels. here we are in a position of having the most recoverable fossil fuels reserves of any country in the world. we could be totally independent in a matter of weeks, and he won't le
of us lived this one, the wild ride to election day, 2012. cnn national political correspondent jim acosta has more on the story. >> reporter: the year started off with a surprise in a sweater vest. counting down the top campaign stories of the year at number ten, the primaries. rick santorum's stunning performance in the iowa caucuses. >> game on. >> reporter: kicked off a battle for the republican nomination that few in washington had expected. the gop's odds on favorite, mitt romney, stumbled in some of the early contests. >> i like being able to fire people that provide services to me. >> reporter: he refused to release his tax returns, allowing another rival, newt gingrich, to take south carolina. >> we proved here in south carolina, that people power with the right ideas beats big money. >> reporter: but that big money eventually cleared the field. and romney set his sights on the president. >> it is still about the economy. and we arestupid. >> reporter: at number nine, bain. not that one. that one. almost as soon as romney had locked up the nomination, his former private inv
. the dax is higher by 2%. italy up 3.5%. but of course, jim, what a two-day streak of gains we will see here on the market. >> i think that we're set up to go higher. i also want to caution -- i don't like to buy up 2%, 3%. that's never been a terrific way to get the year started. there's a lot of money coming in. i do want to be optimistic about 2013, because i felt that what was going to happen was capital gains could go up more, defense could go up a lot more. i was fearful going over the cliff. i can immediately switch to the debt ceiling and be negative and want to cry. but i want to focus on the fact that we got something good that happened. i know no one liked the deal. that's what happens. that's what compromise is about. >> exactly. >> you're not supposed to like a compromise deal. >> i agree. listen, it's a time to be optimistic. i love the tweet this morning that let's put d.c. on the back burner a bit, and put the stock price where it's supposed to be, which is future earnings. >> we'll get there in one 1/2 months when the sequester is over, when we'll have to deal with the
's in store with our guest host, doug, and wells capital cio, jim paulson. >> it's the day after new year. we hope you make "squawk box" your friend every morning. ♪ >>> as we get ready for another exciting year of business news, "squawk box"'s second hour starts right now. >>> good morning. welcome to swaub "squawk box" o. i'm andrew sorkin with becky and joe. the dow looks like it would open 156 points higher, nasdaq up 40 points and s&p 500 would open up 22 points higher after some talk of an amended deal that would have to go back to the senate, the house eventually did pass the senate's bill with no changes. it raises taxes on the highest earners for spending in two months. much more on this in a moment. other news, we have the first big takeover deal belongs to avis budget group buying zipcar for $12.25 a share. nearly a 50% premium for zipcar shareholders. it may be another good year for the auto industry. 15.3 million new vehicle registrations this year helped by 43 new models rolling into showroom and 63 newly designed vehicles. >>> more on the fiscal cliff passed last night by the
on for years in iowa. my former colleague, jim leach and i had written about that. it is happening in california, arizona, and even a little in florida. that is part of the problem, because democrats, nationally, got more than 1 million more votes than republicans who ran for the house of representatives. yet they come into this with a 35-vote margin. there are some areas where in north carolina there were more votes for democrats than republicans, but there are only 27% of the representatives are democrats. that is part of the problem. it confuses the notion about mandates. after all, the allwon decisively. -- the president won decisively. the senate pickup ground. it does not sound like much of a national mandate to continue the policies of the republicans over the last decade or so. host: david is our next caller in ohio, republican. caller: good morning. being a regular person on a budget, i can only get the things i can pay for. i would love to be able to buy erraris or newr ou houses or all kinds of things they would love to have. due to my budget, i am not able to do that. t
a good christmas. i'm melissa lee. we're live from the new york stock exchange. jim cramer has the day off. the latest s&p schiller home price report has been released. the results being shown at the bottom of your screen. david blitzer will join us with a closer look at the numbers in just a few minutes. let's get a check on how we're setting up on this day after christmas trading session. the dow looking higher by about 15 points. s&p looking at about two points at the open. european markets closed on this day after christmas. the uk and france among those celebrating foxing day. we start off with, what else, retail. dips in spending in the mid-atlantic and northeast regions. luxury sales also weak. >> we're coming off the worst christmas eve for the dow since 2006. as the president cuts short his hawaiian vacation to deal with the fiscal cliff, just five days to go until we go over. >> threatening both coasts with workers snubbing up best and final contract offer. >> and more on the home front. we'll have more on the data and whether it can keep one of the best performing sectors of
back to "squawk box." we are just seconds away from weekly jobless claims and rick santelli and jim iuorio are standing by at the cme. you know, rick, whenever anyone compared to the cliff to t.a.r.p. i never really bought that. because t.a.r.p., i mean, the commercial paper markets were freezing up. it was -- i just don't think it's really the same thing, is it? it's not as front and center as that. and i -- we've talked about it so much, it's hard for me to believe the markets could just all of a sudden decide they're going to fall off a cliff like the fiscal cliff itself. what do you think, rick? >> no, i somewhat agree. i think the reason i brought it up, and i think i was one of the first to bring it up is, it just gives you a market impetus to get something done. but i think categorically they're nothing the same. t.a.r.p. was about some real issues. fiscal cliff is about being afraid, i think. >> let's do the numbers. >> 350,000 on initial jobless claims. that is definitely less than we were looking for. it's a dozen less than the revised number you're looking at last week. 3
." i'm jim cramer, and i'll see you tomorrow. >>> good evening. i'm michelle caruso-cabrera in for larry kudlow. this is "the kudlow report." speaker john boehner calls the house back into session for sunday night. that stokes investor hopes for a fiscal cliff deal and this coming just a few hours after harry reid's comments sent the dow into a tailspin. we have complete coverage in this developing story which is happening tonight as we speak. also, as supplies from the obama team, ep achieve lisa jackson stepping down. can the coal companies finally breathe a sigh of relief? guess what happened in britain when the uk banned handguns. the surprising result that could change the gun control debate. "the kudlow report" start ises right now. >>> the big news tonight, still the developments in washington on the fiscal cliff, eamon javers joins us with the details. >> good evening, meshel. capitol hill sources tell cnbc that congressional leaders are planning to go to the white house tomorrow to meet with president barack obama and it is not entirely clear at this point w
arm. coach jim hargbaugh confirmed today that smith will need surgery - whether now or after the playoffs - and that he does indeed risk further injury by trying to play through the injury. .smith officially listed as "doutbful" for sunday.but you can bet he's really "out" as the niners won't risk further injury before the playoffs. ------------------------ alex smith was a man that that was the game in which alex smith was nearly flawless. statistically, it was the best of his career. 18, 419 and three touchdowns. also it was the last fall gave that he would play. he suffered a concussion the following week and a loss of the job to call on kaepernick and we know the rest. the 49ers team now with the division title at stake if they do not want to overlook arizona. after all, why risk it? - the niners are 16 1/2 point favorites without smith to beat the cardinals and clinch the nfc west cardinals in their first meeting two months ago back alex smith was nearly flawless in the game - in fact statistically it was his best game ever going 18/19 for 232 yards and 3 touchdowns it w
decided to buy me a house as an investment outside china. >> reporter: jim jacobson has sold 22% of the residences at the ritz to affluent chinese. >> basically, they don't have a place to put their money. they look as their own economy as a place that's not very stable. the housing market is not very stable there either. >> reporter: this housing complex in irvine, california, is being built for chinese buyers. separate wok cooking rooms, no unlucky 4's in the addresses and multi-entrances for multi-generational living. scott meadows says chinese wealth is an opportunity, not a threat for american business. >> america is known for quality, so the chinese look at american-made products and foreign-made products in general as things they can trust. >> reporter: after all, that eagle is on the bottle because what so many chinese want is something made in the usa. ben tracy, rbs news, napa valley. >>> coming up after your local news on "cbs this morning" more on the violent weather in the south. we'll have live reports from alabama and indiana. plus, an eye-opening look at how your
and stop this from happening. think about some of the senators were talking about. senator jim demint, a tea party favorite from south carolina, is retiring at the end of his term. he is going to head the heritage foundation. it might be good for him in his new position to be the person to stop the tax increases from going into the fact. -- into effect. is not like he is going to do it. but that is all it takes. guest: there is precedent for it. in the august debt ceiling crisis in 2011, the house approved on well in or unable to act. it was a deal with senator reid and senator mcconnell. it paved the way for the deal that actually lead us to where we are now. not saying that is equality deal, but it was located in the senate before -- a quality deal, but it was located in the senate before. guest: we ended up a fiscal cliff. that was not tax increase. if there is one thing that is important to republicans, it is taxes. this becomes a much more sensitive issue especially in the current environment. the debt ceiling, that is also important to the republican base. host: we are taking yo
to the most important moments. slavery, a civil war, and emancipation, migration, jim crow, a depression, and all the steps forward and back were reflected of who we are. >> host: did you think of it as a smaller project? not to put it in context the individuals of the family tree but it became a social history of rural and urban urban, a southern and northern sweeping, intimate. did that scale have been as a result of their research with pen to paper and fought this is much more than i thought? >> guest: alloys had an idea her family was reflective but when you are in it, it becomes something else. as a practical matter when you dig back this is far you don't have the voices you need to bring the story to life. people say what about letters and journals? if people were barred from writing and reading those records geneticist and historical records do not capture as much. i knew i had to get extemporaneous characters to bring it to life. i do not think about leaving those stories of the people of the time. >> host: you did a very good job. [laughter] one review did make light that you we
outbreak. >> that was the weather channel's jim cantore right there and mike seidel reporting. in a few minutes, we'll have the forecast on where the storm is headed today. that's just ahead in weather. >>> but right now, unfortunately, we turn to politics. as if tax hikes and spending cuts weren't enough, there's a new reminder that the nation's debt ceiling is also hanging over the budget talks in washington. in a letter to congress yesterday, treasury secretary timothy geithner warned the government would hit its legal borrowing limit by monday. without the okay to borrow more, geithner says the treasury will be forced to take "extraordinary measures" to keep paying the bills. so, that makes the government like the rest of us. he also referenced the impending fiscal cliff, which threatens to derail the economy if a compromise isn't be reached by next week on those big, unanswered issues. with both sides locked in a standoff, house republicans are calling on senate democrats to act first. democrats aren't budging much on their demands. they want to extend tax cuts on incomes below $25
rancher jim chillton makes a disturbing discovery. a drug smuggling camp on his land, with knapsacks, blankets, food and bales of marijuana. >> this is my private land. this is land that i own. and the druggers outrageously use my land at will. >> reporter: advocates concerned about border security have placed motion-sensitive hidden cameras near chillton's land. and what they reveal are wave after wave of mexican drug and immigrant smugglers, sometimes heavily armed, crossing into the u.s., traveling miles inside the country. chillton and his wife sue complain, they live in no man's land, unprotected by their own government. >> it's outrageous. i am a citizen of the united states. >> reporter: for neighboring rancher david beckham, it's even worse. he moved his family off the land, hearing the armed smugglers pa passing through at night. he skofs when the administration claims the border is safer than ever. >> that's a joke. they can believe what they want. they can live in candy land. >> reporter: for miles and miles in southern arizona, this is the international border, the two co
learn this week the actor charles durning died in new york on monday. here's jim axelrod. >> reporter: known as the king of character actors charles durning appeared in more than 100 movies in a career that started in 1962. >> got to get you out of here! >> reporter: the crooked cop in "the sting." >> you're lieutenant william snyder? >> i don't know what's up? >> i know this is kind of quick, but that's how i am. >> reporter: the love-struck widower who proposes to dustin hoffman in "tootsie." >> i love to dance. >> reporter: but it was the over-the-top governor -- >> excuse me. >> reporter: and the bumbling nazi colonel in "to be or not to be" that earned him two oscar nominations in the early '80s. charles durning grew up poor in upstate new york. he left home at 16 before starting his theater career as an usher. world war ii interrupted that career. he was 21 years old on d-day when he was in the first wave to hit omaha beach, the only man in his unit to survive. he rarely spoke about that day, but recalled the landing at the national memorial day concert in 200
of it's last 10 games coach jim harbaugh's team a two-touchdown favorite to beat the cardinals.which as vicki mentioned would lock up the nfc west title - and assure the niners of a home game in the first round of the playoffs.of course a win coupled with a packers loss to minnesota would lock up the number two seed and the first round bye that goes with it. .the big question for this team -- which has really struggled the last six quarters -- especially on defense - is can they regain some momentum heading into the playoffs >> that is our main objective to play for the western conference it division championship this week. and also get a running start to the big championship. he was referring to the super bowl. one other piece of nfl news - pro bowl rosters announced today. and the niners are very well represented.not so for the raiders as you might expect. i'll have that story coming up in a little over an hour. >> vicki: we are looking forward to that game is going to be exciting. traffic on the bay bridge looking decent. headlights northbound -- commute direction 680 near t
with jim rogers of -- >> duke energy? >> duke energy, and then, the one -- the other one in new jersey, the big one, and then the florida light and power and i forget the names, but all these guys say that, if you would give us knowledge of how that carbon price is gonna rise, we can deal with that. we will make the investments so that electricity becomes carbon free over a few decades. they -- but we've got to give them that. if we don't give them that, then they're not gonna do it. as long as they can get away with coal plants as the cheapest energy or now gas as a cheaper -- that's what they will use. so we -- they -- we-- some of them have a heart and they understand this and they have children and grandchildren, too. so they could be our friend, but as long -- but if they're doing -- like the ceo of exxon mobil and like the koch brothers, and if they fund disinformation and actual change in textbooks, that's the thing which i'm over -- between christmas and new year, i have an appointment to talk to legal scholars again because i think we should file suits against those people for
and progressive, and they, they were deeply anti-segregationist and anti-jim crow. and they built in the raleigh/durham/chapel hill area something called the research triangle that depended a lot on education, on higher education and which has really paid huge dividends and, in a way, opened the road to the new south as we think of it today. my father would have been, in 2008, would have been so fiercely proud to see barack obama elected in north carolina, to see the country, to see the state go for barack obama. sadly, it wasn't to happen again in 2012, although we worked really hard at it. but anyway, my first, my first campaign that i actively was involved with was mcgovern in '72, and i think my wife kim still has the pumper sticker that says -- the bumper sticker that says don't blame me, i'm from massachusetts. [laughter] i think massachusetts was the only state to go for mcgovern sadly. [laughter] but kim also took a year off from, between high school and college and rang doorbells and called people up for that as a field office hand there in upstate new york. but that was, i worked with
are seeing just how valuable he is by watching a jim harbaugh ' as a team of play with our camera. >> and arizona is terrible as a perhaps an advantage >> it is the playoffs. they could not get a bi.. unless things go their way. >> jason, thank-you. and if by chance the 49ers lose and you need a way to brighten your spiritsthe bay area's favorite way to ring in the new year. is always with kron 4. spectacular fireworks. will all be on kron 4's new it is hosted by catherine heenan and gary radnich. kron 4's - new year's live. starts at 11-30 on new years eve. >> coming up the latest crime numbers from oakland. >> jacqueline: the satellite & radar with clear skies but those clouds are approaching that is moving towards the coast with rainfall and when is going to hit, coming up. >> tonight at six. the surging crime problem in oakland. it was a deadly year in the city. with more than 100- homicides. rapes. robberies. and burglaries. also on the rise. >> mayor jean quan >> i do not have the resources i wanted to. half. >> reporter: now. oakland's mayor and police chief are taking a ne
, superman, star trek and the hunger games. >>> 49ers' head coach jim harbaugh will be trying out kickers to replace david aker. the team will holdouts this week and they will be competing for acres' job, including for the 49ers' next game. the first playoff game is january 12th. acres missed two field goals on sunday. but he did make two. the 15-year veteran has been struggling this season. he's 0th in the league in field -- 30th in the league in field goal percentage. harbaugh said it was not up to his standard. his job is to make field goals and he's not making them. and harbaugh is a pretty quick decision maker. he doesn't let people sit around. >> you see how a field goal can change the whole game. >> yes. >>> 7:22. tara has something free for everyone. >> free parking in san francisco. >> aren't you sweet. >> my gift to you. meters will not be enforced. hope if you need to get out and -- happy new year if you need to get out and about. near thornton avenue, the chp is not saying what this is, perhaps it's a stalled car. in livermore, just wanted to show you 580 westbound. a little s
. >> reporter: jim jacobson has sold 22% of the residences at the ritz to affluent chinese. >> basically they don't have a place to put their money. they look at their own economy where as place where it's unstable. the housing market is unstable there. >> reporter: this housing complex in irvine california is being built for chinese buyers. no unlucky 4s in the building and multientrances for different generations. back in china they say it's not a threat to america. >> american is known for quality so china looks at foreign made products in general as things they can truck. >> reporter: after all that eagle is on the bottle because what so many chinese want is something made in the u.s. ben tracy, cbs news, napa valley. >>> the big question for kids this week, what did you get from santa? >> we went door door in pacifica to find out. kids ranged from air hockey to perfume. it was clear a lot of young people were thrilled to receive their presents. >> i got a red sled and skim board and skateboard i got some santa claus outfit, that's the hat. >> and what would christmas be like without
. these are the groups where the enclave right now. now, i will turn it over to jim and the rest of the traders here on the floor of the new york stock exchange for time honored tradition since the depression, and the singing of wait until the sun shines again. mr. mcguire? ♪ wait until the sun shines, as clouds go drifting by ♪ ♪ we will be happy, nelly, don't you cry ♪ ♪ ♪ sweetheart you and i ♪ wait until the sun shines, nelly, 12340e ♪ >> with breaking news from washington, john harwood. john? >> i just add conversation with an aide who confirmed there is a deal on the middle class tax cuts pks and it appears they agreed on threshold of $450,000 for families, $400,000 for individuals. that's a narrower gap at that income level tp. it is designed to catch more individuals with $400,000 incomes to catch a greater proportion of those making higher incomes. under the higher 39.6 rate. the gop aide says he expects president obama to affirm that publicly at 1:30 on additional portions. we are looking, the aide confirmed, at likely 40% rate on the estate tax retaining the $5 million thr
as these four republicans, senators lee, paul, rubio, and shelby. not a boating were senators jim demint, the republican of south carolina. he is retiring. senators kirk and lautenberg as well. here was the reaction from all four house republican leaders. it put this out in a joint statement. here is what they had to say -- the house will honor its commitment to consider the senate agreement if it is passed. decisions about whether the house will seek to a set -- to except or amend the measure will not be made and house members and the american people had been able to review the legislation. the house is expected to come in at noon today. there are some reports that a boat could happen as early as this afternoon. the house minority lindsey -- pine ridge -- house minority leader nancy pelosi tweeted a statement last night about when this bill might come to the house. she had to say, when a final agreement is reached and passed by the senate, i will present it to the house democratic caucus. from "the new york times," -- here is a "-- a quote -- we are getting your take on this. the senate
the senate the resignation of jim demint of south carolina which shall be printed in the record. mr. reid: mr. president i now ask unanimous consent the senate proceed to executive session and the "help" committee be discharged from further consideration of presidential nomination 1404 and that the senate proceed to vote without intervening action or debate on the nomination, the motion to reconsider be considered made and laid on the table with no intervening action or debate and that no further statements be in order to the nomination, that any statements related to this matter be printed in the record and the president be immediately notified of the senate's action. the presiding officer: without objection. mr. reid: i ask unanimous consent the foreign relations committee be discharged from further consideration of presidential nominations 1928 and 1951. that the nominations be confirmed, the motion to reconsider be considered made and laid on the table with no intervening action or debate, that no further motions be in order to the nominations that any related statements be printed in the
and jim was forced out of office. they went after newt. that is one of the things that started this movement. over time, i think it has become political as well as personal. much more political and personal. >> she said raising cain, are -- you will the the gavel for the oversight committee and use that to raise the number of investigations especially of the clinton administration. what do you see as your legacy of that tenure? >> i think bill clinton, president clinton and secretary as secretary -- hilary as secretary of state do not like me very much. i was chair of the government oversight committee during the time we were investigating whitewater and we were investigating campaign contributions that came from sources outside the united states and from various people. there was an awful lot to that. we had people testifying like ohnny chonung, they had contributed money to gain favor with the white house. and they came into the kitchen at hong kong and said we wonder -- we like your president and we want to contribute to his campaign. the man who said that was the equivalent
became the appointee to be senator to take jim demint's place, dominoes falling. what are people thinking about running kind of know each other >> a little bit. this seat could be vacant as early as next week, january 2, when they come back into session for the 113th congress. what's really interesting about this is former governor mark sanford, who for a time was a very popular republican. he fought president obama's administration on the stimulus program. he had a lot of different thingf that had him really in highin regards in conservatives. h then he had an affair. >> ifill: but he's running against or looking...le >> jenny sanford, his ex-wife, had also expressed interest in this house seat.fa what's very interesting about this, in addition to the fact that they were once married and he had this affair and wentac public and ended up leaving the governor's race in a bit of disgrace and under investigation for using state funds for t meeting his mistress-- he held this seat for three terms. this is a district he's familiar with. she was actually his campaign20 manager when he held this
coalition, so to speak. the administration jim baker got u.n. sanction for this operation. and it was just, we had no headquarters in the region. right now the central command has a headquarters in qatar. there was fog like that. the arab states didn't really want the americans there and on a permanent basis. so we had, all of this had to be moved first to saudi arabia not region first from the defensive operation and then in an offensive operation. so just months and months for this to even, just to prepare for this. >> and he was in charge of that. but now he was as we lewded to in the piece also criticized for making some strategic mistakes. what were those? >> well, there were well two goals primary goal its one was to evict the iraqi forces from kuwait which was done in the 100 hour ground war after six weeks of bombing, remember that. but the other one was to destroy saddam hussein's offensive powers, primarily his republican guard force. because the thinking was if you didn't destroy them, they could always come back to invade kuwait again plus there was a subtext, they were hoping
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